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Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Cyclically Adjusted PS Ratio : 0.95 (As of Jun. 09, 2024)


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What is Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Heavy Engineering Industries and Shipbuilding Co KSC's current share price is KWD0.91. Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD0.96. Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio for today is 0.95.

The historical rank and industry rank for Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

KUW:SHIP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 0.89   Max: 0.95
Current: 0.95

During the past years, Heavy Engineering Industries and Shipbuilding Co KSC's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.83. And the median was 0.89.

KUW:SHIP's Cyclically Adjusted PS Ratio is ranked worse than
62.8% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs KUW:SHIP: 0.95

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Heavy Engineering Industries and Shipbuilding Co KSC's adjusted revenue per share data for the three months ended in Mar. 2024 was KWD0.196. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is KWD0.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted PS Ratio Chart

Heavy Engineering Industries and Shipbuilding Co KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.87

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.87 0.84

Competitive Comparison of Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio falls into.



Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.91/0.96
=0.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Heavy Engineering Industries and Shipbuilding Co KSC's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.196/131.7762*131.7762
=0.196

Current CPI (Mar. 2024) = 131.7762.

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.124 96.783 0.169
201206 0.121 96.819 0.165
201209 0.120 97.633 0.162
201212 0.114 96.871 0.155
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201603 0.216 100.470 0.283
201606 0.166 101.688 0.215
201609 0.161 101.861 0.208
201612 0.183 101.863 0.237
201703 0.207 102.862 0.265
201706 0.209 103.349 0.266
201709 0.259 104.136 0.328
201712 0.269 104.011 0.341
201803 0.229 105.290 0.287
201806 0.274 106.317 0.340
201809 0.258 106.507 0.319
201812 0.245 105.998 0.305
201903 0.252 107.251 0.310
201906 0.229 108.070 0.279
201909 0.240 108.329 0.292
201912 0.258 108.420 0.314
202003 0.233 108.902 0.282
202006 0.194 108.767 0.235
202009 0.221 109.815 0.265
202012 0.198 109.897 0.237
202103 0.202 111.754 0.238
202106 0.184 114.631 0.212
202109 0.170 115.734 0.194
202112 0.158 117.630 0.177
202203 0.155 121.301 0.168
202206 0.157 125.017 0.165
202209 0.160 125.227 0.168
202212 0.215 125.222 0.226
202303 0.184 127.348 0.190
202306 0.187 128.729 0.191
202309 0.219 129.860 0.222
202312 0.224 129.419 0.228
202403 0.196 131.776 0.196

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Heavy Engineering Industries and Shipbuilding Co KSC  (KUW:SHIP) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Business Description

Traded in Other Exchanges
N/A
Address
Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Company is an Engineering, Procurement and Construction Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Refineries, Petrochemicals, Power, Distillation and Desalination, Shipbuilding and Repair, Marine Services, and Construction sectors. It delivers diversified services to the industry with civil, mechanical, electrical and instrumentation constructions, maintenance, fabrication, galvanizing, shipyard services, and onshore & offshore operations.

Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Headlines

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